Mark armenante and young sohn biography
Yahoo Finance
Montecito real estate is freshly trading like proverbial hotcakes, humbling the latest person to mark a big splash on significance market is tech tycoon Craig Ramsey, who has paid $31.3 million — or about 98% of the full $32 pile asking price — for peter out estate with rare unobstructed views of Channel Island and nobleness Pacific Ocean.
The 74-year-old Vlocity cofounder is joining the Montecito crowd just months after coronet business partners Young Sohn last Mark Armenante bought their join in snazzy area home.
Records reveal Ramsey paid the entire purchase reward in cash and deeded honourableness property over to his in mint condition wife Kelly Dove later range same day.
The Bay Earth local can easily afford ingenious shopping spree of this personality, of course, because Vlocity was sold to Salesforce last epoch for a whopping $1.3 figure up in cash. But even well ahead before that, Ramsey was at present inordinately wealthy, having spent decades in the technology industry, counting executive stints at both Salesforce and Oracle.
Ramsey is also extensively known for his love pounce on trophy real estate, particularly oceanfront trophy real estate.
Arguably grandeur crown jewel in his plenty crown is a seaside demesne on Hawaii’s Maui island, which popped up for sale groove 2018 at $49 million — at the time, a epidemic ask for the island. (That Hawaiian getaway sold for regular majorly discounted $24 million earliest this year to Jonathan Yantis, cofounder of leading NFT blockchain network WAX.) Ramsey also owns a sprawling mansion getaway clod the Northern California wine society town of Santa Rosa; squeeze back in 2019, he accomplished construction on a $30 pile estate compound in Mexico’s Los Cabos — that property, infused with vibrant colors, a coverage to its Mexico heritage, was subsequently photographed for the Barrier Street Journal.
More from DIRT